by Jarel Daniels | Jul 18, 2024 | IRS, Tax & Accounting
Is the Self-Employment Tax Credit Scam Too Good to Be True? Running your own business comes with its fair share of challenges, and navigating the tax system can be one of the biggest. Lately, there’s been a misleading claim spreading online about a...
by Jarel Daniels | Jun 20, 2024 | IRS, IRS Updates, Tax tips
What IRS Assistance for Late Tax Filers is Available for Business Owners? Business owners who missed the April deadline for filing their 2023 federal income tax return still have several options available to manage their tax obligations. The IRS offers various payment...
by Jarel Daniels | May 24, 2024 | Accounting, IRS, Tax & Accounting, tax credit, Tax tips
How can businesses ensure accuracy in their Employee Retention Credit claims on their tax returns? Some individuals have misrepresented the eligibility criteria for the Employee Retention Credit (ERC). The IRS has identified seven indicators of potential incorrect...
by Jarel Daniels | Apr 23, 2024 | Accounting, IRS, Tax & Accounting, Tax tips
Feeling the Pressure of Missed Tax Deadlines? Here’s What You Need to Know! It’s completely natural to feel anxiety as the tax deadline approaches. It’s understandable that life can get chaotic, and deadlines can sometimes slip our minds. The thought...
by Jarel Daniels | Nov 2, 2023 | IRS, Tax & Accounting
Are the Latest IRS Tax Compliance Initiatives Impacting Businesses? The Internal Revenue Service (IRS) has recently announced a series of new initiatives aimed at improving tax compliance among large corporations and high-income individuals. This push comes on the...
by Jarel Daniels | Sep 22, 2023 | Accounting, IRS, Tax & Accounting
Third-Party Authorizations for IRS Representation As a business owner, it’s crucial to have a good grasp of the different types of authorizations for third-party representatives when dealing with the IRS. Whether you’re enlisting the help of a tax...
